Scalper1 News
Data storage system maker EMC (EMC) is going on the offensive as it faces competition from startups, upping research and development spending on emerging technologies, says UBS in a research report. EMC CEO Joe Tucci, who is under pressure from activist investor Elliott Management to make structural changes such as spinning off all of VMware (VMW), is playing for the long term even though he’s expected to soon retire, says UBS analyst Steven Scalper1 News
Scalper1 News